FinTech: TipRanks and Markets.com Bring Quant Investing to Retail Investors
TipRanks and Markets.com collaborate to offer quantitative trading or investing to the small guy.
TipRanks, the Israeli data company and fintech that provides rankings on financial analysts, has tied up with Markets.com, an online broker, to bring quantitative models to the latter’s platform. Gone are the days when these sophisticated tools were available only to hedge funds and banks. The everyday investor can now dip their toes into the world of financial algorithm-powered investing. (Geektime)
Data-backed insights for retail investors
Israeli fintech TipRanks brings its quantitative tools to retail investors on digital broker Markets.com.
Markets.com will become the first broker to introduce TipRanks’ Quantitative Strategy Builder on its broking platform. Retail investors without having coding or quant investing knowledge can use this tool to receive instant access to automated stock portfolio management.
Now, it’s a simple matter to create and backtest a portfolio, taking just three easy steps.
Also, investors receive real-time notifications and regular rebalancing to help them manage their portfolios easily.
The Quantitative Strategy Builder from TipRanks expands on the fintech’s relationship with Markets.com. It was already providing big data research to the online broker such as the Analyst Forecast Centre, hedge fund strategies, news, etc.
TipRanks was ranked as one of the world’s 50 Fintech “Emerging Stars” by KPMG and H2 Ventures.
Uri Gruenbaum, CEO of TipRanks said regarding the collaboration with Markets.com:
“With the launch of our Quantitative Strategy Builder on their platform, their clients have access to a ground-breaking investment product that offers a new way to invest. Like all our products, it is easy to use and levels the playing field for investors.”
Markets.com is now the only platform to offer quantitative strategies to retail traders.
“Thanks to TipRanks, our quantitative-based portfolio builder lets retail investors tap into the kind of technology and data that’s used by the biggest banks and hedge funds to maximize returns,” said Joe Rundle, CEO of Markets.com.
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